Saudi Industrial Investment Group announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

Saudi Industrial Investment Group (SIIG) reported a net loss of SAR 58 million for the second quarter of 2026, a sharp reversal from the SAR 20 million profit in the prior-year period and a significant drop from the SAR 252 million profit recorded in Q1 2026. Despite the quarterly downturn, the company achieved a 410% year-on-year increase in net profit for the first half of 2026, totaling SAR 194 million.
The quarterly loss was primarily driven by a decrease in SIIG's share of profits from joint ventures due to higher feedstock costs and supply-chain disruptions that reduced sold quantities, alongside an increase in general and administrative expenses and lower financing income from "Murabaha" due to reduced cash levels.
For the six-month period, earnings per share rose to SAR 0.29 from SAR 0.05, bolstered by higher average selling prices for specific products and lower depreciation expenses following a reassessment of fixed asset useful lives, which offset the impact of lower sales volumes and rising costs.
Total shareholders' equity stood at SAR 8.78 billion as of June 30, 2026, representing a 3% decline from the previous year; notably, the company does not report top-li

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	-	-	-	-	-
Gross Profit (Loss)	-	-	-	-	-
Operational Profit (Loss)	-60	13	-	252	-
Net Profit (Loss) Attributable to Shareholders of the Issuer	-58	20	-	252	-
Total Comprehensive Income Attributable to Shareholders of the Issuer	-58	20	-	252	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	-	-	-
Gross Profit (Loss)	-	-	-
Operational Profit (Loss)	192	33	481.818
Net Profit (Loss) Attributable to Shareholders of the Issuer	194	38	410.526
Total Comprehensive Income Attributable to Shareholders of the Issuer	193	38	407.894
Total Shareholders Equity (after Deducting Minority Equity)	8,782	9,062	-3.089
Profit (Loss) per Share	0.29	0.05
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales/Revenue and Gross profit” do not appear in the profit or loss statement.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The Company recorded a net loss during the current quarter compared with a net profit in the same quarter of last year, mainly due to: • A decrease in SIIG's share of the net profits of its joint venture companies during the current quarter, as a result of higher feedstock costs, and lower sold quantities due to the supply-chain disruptions, despite improved selling prices of certain products and lower depreciation following the reassessment of the useful lives of fixed assets. • A decrease in the financing income "Murabaha", as a result of the lower average invested cash. • An increase in the general and administrative expenses. Note that there was: • A decrease in zakat expenses during the current quarter.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales/Revenue and Gross profit” do not appear in the profit or loss statement.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The Company recorded a net loss during the current quarter compared with a net profit in the previous quarter, mainly due to: • A decrease in SIIG's share of the net profits of its joint venture companies during the current quarter, as a result of lower sold quantities due to the supply-chain disruptions, in addition to higher feedstock costs. • An increase in the general and administrative expenses. Note that there was: • A decrease in zakat expenses during the current quarter.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales/Revenue and Gross profit” do not appear in the profit or loss statement.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The increase in net profit during the current period compared with the same period of last year is mainly due to: • An increase in SIIG's share of the net profits of its joint venture companies during the current period, as a result of higher average selling prices of certain products, and lower depreciation following the reassessment of the useful lives of fixed assets. • A decrease in zakat expenses during the current period. Note that there were: • A decrease in sold quantities during the current period due to the supply-chain disruptions, in addition to higher feedstock costs. • A decrease in the financing income "Murabaha", as a result of the lower average invested cash. • An increase in the general and administrative expenses.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	Not Applicable
Reclassification of Comparison Items	Certain prior period figures have been re-classified to confirm with the presentation in the current period.
Additional Information	Since the Saudi Industrial Investment Group Company follows the equity method when accounting for its investments in the joint venture companies, The items “Sales and Gross profit” do not appear in the profit or loss statement.